MCY Financial Statements

Balance sheet, income statement, cash flow, and dividends for Mercury General Corp (MCY).


$3.68B Market Cap.

As of 02/11/2025 5:00 PM ET (MRY) • Disclaimer

MCY Market Cap. (MRY)


MCY Shares Outstanding (MRY)


MCY Assets (MRY)


Total Assets

$8.31B

Total Liabilities

$6.36B

Total Investments

$6.08B

MCY Income (MRY)


Revenue

$5.48B

Net Income

$467.95M

Operating Expense

$1.19B

MCY Cash Flow (MRY)


CF Operations

$1.04B

CF Investing

-$796.66M

CF Financing

-$71.11M

MCY Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$1.27

1.90%

0.00%

15.03%

6.65

2023

$1.27

3.40%

-33.33%

72.99%

1.37

2022

$1.91

5.60%

-24.76%

-20.57%

-4.86

2021

$2.53

4.80%

0.40%

56.52%

1.77

2020

$2.52

4.80%

-

37.25%

2.68

MCY Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$8,310,632,000 (17.00%)

$7,103,397,000 (9.05%)

$6,514,188,000 (-3.81%)

$6,772,472,000 (7.02%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$50,478,000 (-1.27%)

$51,129,000 (-1.69%)

$52,008,000 (-1.97%)

$53,051,000 (-1.97%)

Shareholders Equity

$1,946,524,000 (25.73%)

$1,548,145,000 (1.71%)

$1,522,131,000 (-28.88%)

$2,140,281,000 (5.30%)

Property Plant & Equipment Net

$151,584,000 (-8.46%)

$165,589,000 (-13.59%)

$191,625,000 (-14.18%)

$223,299,000 (1.74%)

Cash & Equivalents

$720,257,000 (30.74%)

$550,903,000 (90.11%)

$289,776,000 (-13.64%)

$335,557,000 (-3.71%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$2,039,830,000 (17.52%)

$1,735,660,000 (12.29%)

$1,545,639,000 (1.70%)

$1,519,799,000 (8.10%)

Total Investments

$6,076,370,000 (16.22%)

$5,228,520,000 (6.47%)

$4,910,800,000 (-4.51%)

$5,142,589,000 (8.74%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$849,137,000 (18.20%)

$718,403,000 (9.54%)

$655,837,000 (-7.84%)

$711,639,000 (2.95%)

Trade & Non-Trade Payables

$242,118,000 (38.18%)

$175,219,000 (15.51%)

$151,686,000 (-10.31%)

$169,125,000 (-13.01%)

Accumulated Retained Earnings (Deficit)

$1,846,825,000 (27.44%)

$1,449,198,000 (1.83%)

$1,423,184,000 (-30.28%)

$2,041,338,000 (5.57%)

Tax Assets

$45,854,000 (23.62%)

$37,094,000 (-62.16%)

$98,039,000 (387.56%)

$20,108,000 (0%)

Tax Liabilities

$20,752,000 (0%)

$0 (0%)

$0 (0%)

$53,569,000 (3.90%)

Total Debt

$587,708,000 (-0.04%)

$587,960,000 (39.91%)

$420,254,000 (3.13%)

$407,508,000 (-2.13%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$6,364,108,000 (14.56%)

$5,555,252,000 (11.28%)

$4,992,057,000 (7.77%)

$4,632,191,000 (7.83%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

MCY Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$5,475,633,000 (18.27%)

$4,629,631,000 (27.08%)

$3,643,066,000 (-8.77%)

$3,993,357,000 (5.52%)

Cost of Revenue

$3,684,511,000 (4.74%)

$3,517,853,000 (4.63%)

$3,362,219,000 (21.81%)

$2,760,155,000 (15.23%)

Selling General & Administrative Expense

$858,261,000 (21.13%)

$708,525,000 (8.24%)

$654,612,000 (3.35%)

$633,385,000 (0.89%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$1,185,418,000 (19.96%)

$988,181,000 (5.76%)

$934,330,000 (1.91%)

$916,782,000 (0.35%)

Interest Expense

$30,824,000 (27.54%)

$24,169,000 (40.26%)

$17,232,000 (0.70%)

$17,113,000 (0.38%)

Income Tax Expense

$106,927,000 (3358.18%)

$3,092,000 (101.96%)

-$158,043,000 (-407.66%)

$51,370,000 (-38.77%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$467,953,000 (385.75%)

$96,336,000 (118.79%)

-$512,672,000 (-306.78%)

$247,937,000 (-33.81%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$467,953,000 (385.75%)

$96,336,000 (118.79%)

-$512,672,000 (-306.78%)

$247,937,000 (-33.81%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$467,953,000 (385.75%)

$96,336,000 (118.79%)

-$512,672,000 (-306.78%)

$247,937,000 (-33.81%)

Weighted Average Shares

$55,371,127 (0.00%)

$55,371,127 (0.00%)

$55,371,127 (0.00%)

$55,370,788 (0.02%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$605,704,000 (390.06%)

$123,597,000 (118.91%)

-$653,483,000 (-306.52%)

$316,420,000 (-33.46%)

Gross Profit

$1,791,122,000 (61.10%)

$1,111,778,000 (295.87%)

$280,847,000 (-77.23%)

$1,233,202,000 (-11.23%)

Operating Income

$605,704,000 (390.06%)

$123,597,000 (118.91%)

-$653,483,000 (-306.52%)

$316,420,000 (-33.46%)

MCY Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$796,656,000 (-169.65%)

-$295,437,000 (6.62%)

-$316,384,000 (15.33%)

-$373,670,000 (9.15%)

Net Cash Flow from Financing

-$71,107,000 (-168.65%)

$103,576,000 (226.33%)

-$81,986,000 (41.79%)

-$140,836,000 (-0.42%)

Net Cash Flow from Operations

$1,037,117,000 (128.95%)

$452,988,000 (28.47%)

$352,589,000 (-29.70%)

$501,584,000 (-17.18%)

Net Cash Flow / Change in Cash & Cash Equivalents

$169,354,000 (-35.14%)

$261,127,000 (670.38%)

-$45,781,000 (-254.29%)

-$12,922,000 (-123.89%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$806,963,000 (-207.48%)

-$262,445,000 (15.00%)

-$308,752,000 (11.70%)

-$349,651,000 (10.98%)

Capital Expenditure

-$33,431,000 (-382.13%)

-$6,934,000 (80.47%)

-$35,508,000 (14.32%)

-$41,442,000 (-3.73%)

Issuance (Repayment) of Debt Securities

-$1,533,000 (-100.88%)

$173,898,000 (640.12%)

$23,496,000 (2948.00%)

-$825,000 (-35.47%)

Issuance (Purchase) of Equity Shares

$752,000 (0%)

$0 (0%)

$0 (0%)

$215,000 (0%)

Payment of Dividends & Other Cash Distributions

-$70,326,000 (-0.01%)

-$70,322,000 (33.33%)

-$105,482,000 (24.78%)

-$140,226,000 (-0.42%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$73,433,000 (1.65%)

$72,240,000 (-12.32%)

$82,390,000 (4.22%)

$79,056,000 (15.47%)

MCY Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

32.70% (36.25%)

24.00% (211.69%)

7.70% (-75.08%)

30.90% (-15.80%)

Profit Margin

8.50% (304.76%)

2.10% (114.89%)

-14.10% (-327.42%)

6.20% (-37.37%)

EBITDA Margin

12.40% (195.24%)

4.20% (126.75%)

-15.70% (-258.59%)

9.90% (-31.25%)

Return on Average Equity (ROAE)

26.50% (295.52%)

6.70% (121.68%)

-30.90% (-366.38%)

11.60% (-42.86%)

Return on Average Assets (ROAA)

5.90% (321.43%)

1.40% (117.95%)

-7.80% (-310.81%)

3.70% (-40.32%)

Return on Sales (ROS)

11.10% (311.11%)

2.70% (115.08%)

-17.90% (-326.58%)

7.90% (-37.30%)

Return on Invested Capital (ROIC)

7.80% (333.33%)

1.80% (118.18%)

-9.90% (-310.64%)

4.70% (-39.74%)

Dividend Yield

1.90% (-44.12%)

3.40% (-39.29%)

5.60% (16.67%)

4.80% (0.00%)

Price to Earnings Ratio (P/E)

7.87 (-63.31%)

21.44 (680.64%)

-3.69 (-131.18%)

11.84 (53.58%)

Price to Sales Ratio (P/S)

0.67 (50.67%)

0.45 (-14.23%)

0.52 (-29.35%)

0.74 (-3.66%)

Price to Book Ratio (P/B)

1.89 (41.75%)

1.33 (7.23%)

1.24 (-9.40%)

1.37 (-3.45%)

Debt to Equity Ratio (D/E)

3.27 (-8.89%)

3.59 (9.39%)

3.28 (51.57%)

2.16 (2.41%)

Earnings Per Share (EPS)

8.45 (385.63%)

1.74 (118.79%)

-9.26 (-306.70%)

4.48 (-33.83%)

Sales Per Share (SPS)

98.89 (18.27%)

83.61 (27.08%)

65.79 (-8.77%)

72.12 (5.49%)

Free Cash Flow Per Share (FCFPS)

18.13 (125.01%)

8.06 (40.69%)

5.73 (-31.10%)

8.31 (-18.67%)

Book Value Per Share (BVPS)

35.15 (25.73%)

27.96 (1.71%)

27.49 (-28.88%)

38.65 (5.27%)

Tangible Assets Book Value Per Share (TABVPS)

149.18 (17.13%)

127.36 (9.13%)

116.71 (-3.83%)

121.35 (7.07%)

Enterprise Value Over EBIT (EV/EBIT)

6 (-66.67%)

18 (700.00%)

-3 (-130.00%)

10 (66.67%)

Enterprise Value Over EBITDA (EV/EBITDA)

5.38 (-52.22%)

11.26 (428.51%)

-3.43 (-145.09%)

7.6 (38.53%)

Asset Turnover

0.69 (2.21%)

0.68 (21.51%)

0.56 (-6.53%)

0.6 (-4.94%)

Current Ratio

-

-

-

-

Dividends

$1.27 (0.00%)

$1.27 (-33.33%)

$1.91 (-24.76%)

$2.53 (0.40%)

Free Cash Flow (FCF)

$1,003,686,000 (125.01%)

$446,054,000 (40.68%)

$317,081,000 (-31.09%)

$460,142,000 (-18.65%)

Enterprise Value (EV)

$3,652,880,523 (65.69%)

$2,204,636,748 (12.63%)

$1,957,402,543 (-34.88%)

$3,006,042,011 (0.70%)

Earnings Before Tax (EBT)

$574,880,000 (478.19%)

$99,428,000 (114.82%)

-$670,715,000 (-324.09%)

$299,307,000 (-34.72%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$679,137,000 (246.79%)

$195,837,000 (134.29%)

-$571,093,000 (-244.41%)

$395,476,000 (-27.30%)

Invested Capital

$8,127,605,000 (14.65%)

$7,089,325,000 (7.53%)

$6,592,658,000 (-2.93%)

$6,791,372,000 (7.09%)

Working Capital

-

-

-

-

Tangible Asset Value

$8,260,154,000 (17.13%)

$7,052,268,000 (9.13%)

$6,462,180,000 (-3.83%)

$6,719,421,000 (7.10%)

Market Capitalization

$3,681,072,523 (78.18%)

$2,065,896,748 (9.09%)

$1,893,692,543 (-35.54%)

$2,937,974,011 (1.65%)

Average Equity

$1,765,464,000 (22.14%)

$1,445,470,000 (-12.91%)

$1,659,796,000 (-22.51%)

$2,142,070,500 (16.20%)

Average Assets

$7,896,657,000 (15.68%)

$6,826,408,000 (4.48%)

$6,533,907,500 (-2.40%)

$6,694,486,750 (11.08%)

Invested Capital Average

$7,814,902,000 (13.33%)

$6,895,987,000 (4.71%)

$6,585,610,500 (-1.76%)

$6,703,598,000 (9.98%)

Shares

55,371,127 (0.00%)

55,371,127 (0.00%)

55,371,127 (0.00%)

55,370,788 (0.02%)